Page 3 - Annual Report 2021

at a glance
12.4%

rEVEnuE incrEasED
to rM241.6m
an increase of
12.4% in 2021
40.4%

PBt iMPrOVED to rM25.0m
an improvement of
40.4% in 2021
33.2%

sHarEHOlDEr’s FunD
incrEasED to rM43.8m
an increase of
33.2% in 2021

contents

Overview Moving Forward Plan
Corporate Information 05 Going Forward 39
Corporate Information On Subsidiaries 05
About the UMH Group 06 Our Resources 42
Corporate Structure 08
Our Business Segments 08 Working For A Better Tomorrow
Key Financial Highlights 09 CSR Highlights 49
2021 Gallery 10
Corporate Governance
Leadership Statement on Corporate Governance 53
Board of Directors 15
The Board 16
The Management Team 17 Financial Statements
Directors’ Report 59
Message Statement by Directors 65
Chairman’s Message 19 Statutory Declaration 65
Independent Auditors’ Report 66
Business Segment Statements of Financial Position 70
Review Statements of Comprehensive Income 72
Business Review 25 Statements of Changes in Equity 73
Education 28 Statements of Cash Flows 75
Healthcare 30 Notes to the Financial Statements 77
Property & Plantation 33
Intellectual Capital 36 Glossary 108